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GM invests in Russia and eastern Europe.(general motors)(Brief Article)

Automotive News Europe, February, 2004

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Byline: Wim Oude Weernink

General Motors has high hopes for future auto sales in Russia and other eastern European markets.

Sales in Russia of GM's Opel and Daewoo brands rose to 8,339 units in 2003 from 3,400 units in 2002. Most of the models sold were Opels.

GM says it now sells more cars in Russia than any other non-domestic brand.

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Russian consumers are rapidly turning away from cheap, old-fashioned domestic auto brands and buying western-style vehicles instead, said Michael Burns, GM Europe's departing president. Burns takes over as CEO of Dana March 1. He will be ...

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Automotive Industry

GM invests in Russia and eastern Europe.(general motors)(Brief Article)

Automotive News Europe, February, 2004

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